Chennai, March 31 Aadhav Arjuna, the general secretary of TVK, led by actor-politician Vijay, has declared movable and immovable assets worth Rs 197.52 crore, according to an affidavit filed with his nomination papers for the April 23 Assembly elections.
Arjuna is contesting in the Villivakkam Assembly constituency in Chennai on the TVK ticket, and he filed his nomination papers on Monday. According to his affidavit, he has declared movable assets valued at Rs 180.03 crore in his name, and assets worth Rs 162.14 crore in his wife Daisy Arjuna's name.
For the fiscal year 2024-25, he earned a total income of Rs 11.10 crore, while his wife declared an income of Rs 6.85 crore.
Arjuna, who stated in the affidavit that he is engaged in business, owns 1,691 grams of gold worth Rs 2.29 crore, while his wife has 2,225.62 grams of gold worth Rs 3.01 crore. The affidavit also states that she owns 24,109.34 grams of silver worth Rs 60.27 lakh, diamond ornaments worth Rs 6.16 crore.
Arjuna has invested Rs 2.23 crore in several companies, including Arise Constructions Pvt Ltd, Voice of Commons Entertainment Pvt Ltd, Voice of Commons Strategic Consulting Pvt Ltd, and Athletic Game Strategy and Research Pvt Ltd.
The TVK leader also owns four vehicles, including a sports cycle worth Rs 63,332.
Regarding immovable assets, Arjuna does not own any agricultural land but has residential property with a current market value of Rs 17.49 crore.
Aadhav Arjuna's wife has self-acquired properties worth Rs 56.43 crore, while the value of her inherited assets is Rs 26.78 crore. She has also invested a sum of Rs 68.75 crore through shares in Bharti-Airtel, HDFC Bank, Jio Financial Services, among others.
She has availed loans from banks and other financial institutions for Rs 26.26 crore, while Aadhav Arjuna has a pending liability of Rs 1.88 crore.
TVK is making its electoral debut in the Assembly elections scheduled to be held on April 23 in Tamil Nadu.